ENERGY (MSM)

Discovery brightens solar's future, energy costs to be cut

The solar panel design will make it cheaper to produce hydrogen, but a simple version won’t be available for average citizens for at least 10 years, scientists said. Splitting water molecules to create hydrogen allows the sun’s energy to be more easily stored to generate electricity or power clean cars. The discovery has major implications for climate change, as improved solar energy would reduce fossil fuel dependence.

Oklahoma court rules earthquake victim can sue oil companies

An Oklahoma woman who was injured when an earthquake rocked her home in 2011 can sue oil companies for damages, the state’s highest court ruled on Tuesday, opening the door to other potential lawsuits against the state’s energy companies.     Oklahoma has experienced a dramatic spike in earthquakes in the last five years, and researchers have blamed the oil and gas industry’s practice of injecting massive volumes of saltwater left

Nigeria's Oando to sell 60 pct of downstream business for $276 mln

LAGOS (Reuters) – Nigeria’s Oando has agreed to sell a 60 percent stake in its downstream business to a consortium of investors including Vitol for $276 million, the energy company said on Tuesday. Oando, which is transitioning from being a marketer of refined petroleum products into an oil and gas explorer, completed the acquisition of ConocoPhillips’s upstream oil and gas business in Nigeria last year.

Supreme Court's EPA ruling focuses on what’s ‘appropriate and necessary’

The Environmental Protection Agency must take cost into account when determining whether to regulate toxic air pollutants emitted from power plants, the US Supreme Court ruled on Monday. In a 5-to-4 decision, the high court said the agency improperly streamlined the regulation process required under the Clean Air Act when it decided to consider only public health hazards in making the initial decision to restrict power plant emissions. EPA’s rule

Sixteen states sue EPA over clean water rule

Sixteen states on Monday filed lawsuits against the U.S. Environmental Protection Agency, contesting a rule that expands the definition of bodies of water subject to federal pollution controls. The actions are a coordinated challenge to an EPA rule issued on May 27 that defines the jurisdiction of the EPA and the U.S. Army Corps of Engineers over rivers, streams, lakes or marshes. It was meant to clarify which waters are

US Supreme Court rejects EPA mercury emissions limits

The US Supreme Court on Monday rejected federal environmental regulations requiring power plants to limit emissions of mercury and other pollutants, in a defeat for the Obama administration. In a 5-4 decision split along conservative and liberal lines, America’s top court sided with 23 states and industry groups who had protested the cost of standards imposed in 2012 by the national Environmental Protection Agency (EPA).